2015 state home sales rise 10.6% from 2014
Arkansas home sales in 2015 increased 10.6 percent from a year earlier, as the state's real estate market continues to improve from post-recession levels.
Stories by Jessica Seaman
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Buyer lined up for downtown Little Rock high-rise, memo discloses
Lake Hamilton Corp. is looking to sell the vacant Donaghey Building in downtown to a buyer who plans to turn it into apartment and commercial space, according …
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Windstream earns $140.5M
Windstream Holdings Inc. on Thursday posted a fourth-quarter profit of $140.5 million, reversing a loss during the same period a year ago.
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Dillard's 4Q profit off 35.6%
Dillard's Inc. reported a 35.6 percent drop in fourth quarter profit Monday as the company saw a decrease in sales.
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Benefits of oil slump diluted, analysts report
When oil prices began to decline in 2014, many analysts and economists believed the slump would stimulate growth in the U.S. economy.
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Acxiom reports 3Q loss of $1.4M
Acxiom Corp. recorded a loss of $1.4 million for its fiscal 2016 third quarter, missing analysts' estimates.
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Murphy USA set to sell pipeline
Murphy USA Inc. said Wednesday that the company will sell a pipeline system for about $85 million to an undisclosed buyer.
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Murphy USA's Plan B emerges after Wal-Mart ends agreement
Murphy USA Inc. anticipated for some time that Wal-Mart Stores Inc. would end its agreement to build future fuel stations, the company's CEO said Wednesday.
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Murphy Oil cuts capital budget 62%
Murphy Oil Corp. on Wednesday became the latest U.S. energy company to cut its capital budget for 2016 as the prolonged slump in oil prices continues to curtai…
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Breakup of Murphy USA, Wal-Mart seen fueling gas rivalry
The future break between Murphy USA Inc. and Wal-Mart Stores Inc. on new fuel stations increases the odds that the two will become competitors as they expand t…
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Shale-gas firm to lay off 600 in Arkansas
Southwestern Energy Co., in announcing extensive workforce reductions nationwide, said Thursday that it will lay off 600 employees in Arkansas -- about 50 perc…
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Glut lasts into '16; cheap oil lingering
The global oil glut -- more than a year old -- is showing no signs of abating as the world remains overflowing with crude.
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Oil prices fall again, closer to $30 a barrel
Frances Wage of Lowell said the lower gas prices give her more freedom on when to fill up. She was putting gas in her Ford pickup Thursday at the Kum & Go …
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CS&L acquiring fiber-network builder
Communications Sales & Leasing, Inc. is buying a company that provides infrastructure for telecommunications carriers in a $409 million deal, the company annou…
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Lower oil prices likely, experts say
Escalating tension between Saudi Arabia and Iran means the quarreling governments are likely to use economic tactics that will lead to even lower oil prices, e…
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Oil prices not due for '16 rally, analysts say
For the second straight year, oil prices posted large drops as a result of a global glut of crude, and the outlook for 2016 is just as bleak for the industry, …
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U.S. gas prices reach 6-year lows
Americans traveling this Christmas will pay for some of the cheapest gasoline in six years as a continuing oil glut keeps fuel prices down.
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Shale driller: Will idle last rigs
Southwestern Energy Co., the main producer in the Fayetteville Shale, plans to pull its two remaining drilling rigs from the natural gas play as plunging natur…
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Bad Boy Mowers' campus to grow
Bad Boy Mowers is planning a $7.8 million expansion of its operations in Batesville that will add a 68,000-square-foot building to its campus and an additional…
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Flooding broke gas line, analysis says
The natural gas pipeline that ruptured in the Arkansas River in May, sending two large waterspouts shooting skyward near the Clinton Presidential Center, was c…
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Companies pledge to add 75 jobs in Little Rock
Inuvo Inc. and PrivacyStar will add at least 75 jobs at their new headquarters in Little Rock's River Market District next year, the tech firms said Wednesday.
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In-store sales, cyber-deals fight it out
More and more shoppers will buy their Christmas presents from home this year with a simple click of a computer mouse or a tap on a mobile-device screen.
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Why wait? Stores in Little Rock get jump on sales
While some people gathered around a table with family and friends to dine on roasted turkey and stuffing Thanksgiving Day, others headed to stores that adverti…
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Salvation Army rings dinner bell
Austin Horton, with his black-framed glasses and an earbud playing music sticking out of his ear, looks like he should be hanging out in a coffee shop or on a …
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People keeping gas savings
U.S. consumers are benefiting from some of the cheapest gasoline prices in years, but their hesitancy to spend the savings on Christmas shopping is dampening a…
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Acxiom data called suited for terrorist hunts
The personal information gathered by companies such as Little Rock-based Acxiom Corp. to classify people for targeted marketing campaigns is also useful for cr…
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Firms offering high-deductible coverage plans
Jonathan Douglass' daughter, Alyssa, spends several days at Arkansas Children's Hospital at least four times a year. Sometimes she stays longer when she has a …
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Dillard's earnings slide 17%
Shares of Dillard's Inc. plunged 6.4 percent Monday after the company reported a 17 percent decline in third-quarter profit, reflecting Wall Street's concerns …
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Windstream reports 3Q loss of $7.2M
Windstream Holdings Inc. shares fell 3.7 percent Thursday after the telecommunications company posted its second quarterly loss of the year.
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Murphy USA's profit slips
Murphy USA Inc. on Wednesday reported a 3.5 percent decline in third-quarter profit.
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Acxiom tops forecast in 2Q about-face, posts $10.7M profit
Acxiom Corp. posted a profit of $10.7 million for its second quarter of fiscal 2016, reversing from a $1.5 million loss in the same period last year and beatin…
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In $94M deal, Murphy USA to shed Texas ethanol plant
Murphy USA Inc.'s deal to sell its ethanol plant in Hereford, Texas, for $93.8 million is part of the company's plans to shed its noncore assets, Chief Executi…
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Pilot-license rule foils journalism-by-drone
When photojournalist Brian Emfinger used a drone in April 2014 to capture aerial footage for a television station of the destruction left by a tornado, he drew…
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Drillers pursue savings in oil field
As U.S. energy companies seek to cut costs and spending during the lingering oil slump, there is one place they can count on to save money: the oil patch.
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Murphy shares up 4.2% for day
Shares of El Dorado-based Murphy Oil Corp. rose 4.2 percent Thursday as the $1.6 billion quarterly loss reported Wednesday turned out to be lower than expected…
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Murphy Oil takes $1.6B loss in third quarter; 23% workforce reduction planned
Hurt by lower oil prices, Murphy Oil Corp. on Wednesday reported a $1.6 billion loss for its third quarter after the company reduced the value of some of its o…
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Outlook dim for oil firms' 3Q reports
Oil industry analysts say they expect U.S. oil companies to report declines in third-quarter profit, reflecting oil prices that remain 50 percent cheaper than …
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TierPoint buys Windstream data unit for $575M
Windstream Holdings Inc. will sell its data center business for $575 million in a move that underlines the shifting business strategy the telecommunications co…
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No-fraud card not a cure-all, analysts warn
Many U.S. consumers will soon be, if they aren’t already, carrying new credit and debit cards in their wallets designed to better protect them from fraud.
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Layoffs again hit Acxiom workers
Acxiom Corp. laid off at least 30 employees Tuesday, a source familiar with the job cuts told the Arkansas Democrat-Gazette.
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Airline plans to link LR, Big Easy
GLO, a New Orleans-based airline, announced plans Tuesday to offer daily, nonstop flights from Little Rock's Bill and Hillary Clinton National Airport/Adams Fi…
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Oil slump depleting energy-sector firms
The oil market slump is continuing to weigh on the shares of energy sector companies and is slowing investment in the industry.
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U.S. rigs flag; OPEC watches
A year after OPEC first took steps to defend its share of the global oil market against other producers, there are signs that U.S. production growth is slowing…
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Energy-price break in winter forecast; lower costs seen for gasoline, propane, natural gas
U.S. consumers should expect to see lower propane, natural gas and gasoline prices this fall and winter as the market continues to deal with a supply glut, ana…
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Bargain pump prices ready to go even lower
Retail gasoline prices, at their lowest in 11 years over the Labor Day weekend, are set to tumble even further this year to a national average of just over $2 …
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Gas pipe in river gets post-breach rock layer
Spectra Energy began covering its main transmission line under the Arkansas River with a layer of rock this week in response to signs that the river's current …
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Driller to pay U.S. for trespass in state
A subsidiary of Southwestern Energy Co. has agreed to pay $950,000 to the United States in a settlement of a mineral trespass claim, the U.S. attorney's office…
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Low oil prices will linger longer
When crude prices first plummeted last year in the face of a global oil glut, OPEC had one response: Keep pumping oil.
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Oil's slump hits 6-year low
Oil prices tumbled to a six-year low Wednesday on signs a global glut will persist.
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Steel-industry leader Correnti dies
John Correnti, the visionary who guided the creation of three steel mills in Mississippi County and others outside Arkansas, died Tuesday in Chicago. He was 68.
